Economic data

China-US AI investment gap narrower than figures suggest: report

South China Morning Post3 November 2026, 11:00 UTCUnited States of America

The AI investment race between China and the US is closer than headline figures suggest, even though the technology is expected to make a greater contribution to economic growth in America, according to a Chinese think tank. The findings come as artificial intelligence becomes a focal point of technological competition between Beijing and Washington, with investment levels, computing power and the commercial applications of AI all under greater scrutiny. According to a report released recently...

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